Change the Rules of the Game
Companies and investors need clear policies that reward sustainability performance. our capital market structures are biased towards short-term financial performance. The lack of carbon-reducing regulations in the U.S. for example has allowed companies to emit greenhouse gases at no cost, thus rewarding big emitters and penalizing more efficient businesses. Far greater sustainability gains can be achieved if smart policies are adopted that send clear market signals encouraging clean solutions with a long-term perspective.
Ceres will advocate for more sustainable policies in the U.S. and around the world as well as build investor and business support for policies and regulations that reduce sustainability risks and protect long-term interests.
How We Will Get There:
- Build business leader support for national and global climate and energy policies.
- Gain passage of a new international climate treaty, including a binding reduction target based on the latest scientific findings by the internationally-recognized IPCC.
- Eliminate tax incentives and government subsidies for fossil fuel technologies and carbon-intensive projects.
- Gain passage of energy efficiency policies to double the historic rate of efficiency improvements and national renewable policies so that at least 20 percent of the nation's electricity comes from renewable power by 2020 and 30 percent by 2030.
- Gain passage of national climate change legislation to achieve a reduction in GHG emissions of at least 25 percent below 1990 levels by 2020 and 80 percent by 2050.
2010 Investor Summit on Climate Risk Final Report
Feb 10, 2010
- To highlight the enormous opportunities of this transition and to assess the need for climate change policy, Ceres, the United Nations Office for Partnerships, and the United Nations Foundation co-hosted the fourth Investor Summit on Climate Risk at the United Nations on January 14, 2010. The Summit brought together more than 520 financial, corporate, and investor leaders with more than $22 trillion in combined assets. Speakers from the investment community, business, labor, and government highlighted the fact that private investment in climate change solutions is crucial for addressing the climate crisis and will not happen at the necessary scale without strong climate and energy policies that limit emissions and put a price on carbon.
Investor Progress Report: Results Achieved Since the 2008 Institutional Summit on Climate Risk
Jan 10, 2010
- At the third Investor Summit on Climate Risk at the United Nations in February 2008, more than 50 leading U.S. and European institutional investors representing $1.75 trillion in assets announced a new Action Plan, committing to boosting investments in energy efficiency and clean energy technologies, requiring tougher scrutiny of carbon-intensive investments that may pose long-term financial risks, and pledging to support strong policy action on climate and energy
CAFE and the U.S. Auto Industry Revisited: A Growing Auto Investor Issue (2011 - 2016)
Oct 08, 2009
- October 2009 - This report evaluates the impact that changes to the U.S. Corporate Average Fuel Economy (CAFE) program may have on the industry in 2016. We have issued this report as a follow-up to Citi’s October 22, 2007 report “CAFE and the U.S. Auto Industry – A Growing Auto Investor Issue, 2012-2020” in which we examined the impact of proposed fuel economy regulation on the U.S. auto industry.
From Risk to Opportunity 2008: Insurer Responses to Climate Change
Apr 08, 2009
- April 2009 - Hundreds of new insurance initiatives, including coverage for green buildings, renewable energy, carbon risk management, and officers’ liability are being offered to tackle climate change and rising weather-related losses in the U.S. and globally, according to this report by the Ceres investor coalition.
Investor Progress on Climate Risks & Opportunities: Results Achieved Since the 2005 Investor Summit on Climate Risk
Feb 08, 2008
- February 2008 - This report reviews the substantial progress that investors have made toward the objectives in the 2005 INCR Action Plan, including clean technology investments, shareholder resolutions, development of the Global Framework for Climate Risk Disclosure and successful engagement with Congress and the Securities and Exchange Commission (SEC).